Wed, Jul 30, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodities Exchanges more

Volatility gives boost to metal exchange

Posted on 25 June 2013

Recent volatility in global commodity prices may help lift the trading volume on the London Metal Exchange as demand for hedging services increases. Chow Chung-kong, chairman of Hong Kong Exchanges and Clearing (0388), which owns the LME, said trading volume on the British-based platform reached record highs in April and May, thanks to fluctuating commodity prices.
Chow’s comments came after the LME signed a memorandum of understanding with the Bank of China to examine the feasibility of exchange contracts being cleared in yuan………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36199 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031